July 2017 - CONFIDENTIAL Update - Happy Holidays!
PLEASE NOTE: BEGINNING AUGUST 2017, IF YOU ARE NOT A REGISTERED STAYBILLETY USER, YOUR CONFIDENTIAL UPDATES WILL BE 'ON HOLD' .
NEWSFLASH - SHARING ECONOMY EXPANDS
56.5 million people will use a sharing economy service this year
Syracuse University (SU) launches mid month. Our team is working closely with the university's Athletics Department to ensure a smooth, well-promoted launch. See an example of our 'poster' designs below.
I hope to have one or two additional LARGE affiliate announcements for you next month. The deals are sooooo close!
I'm pleased to announce both Ken Cook and Jiarui (Jerrie) Zhang have officially joined the StayBillety team as Chief Admin/Ops. Officer (we're working on final details and the 'label') and Business Manager respectively. Jerrie has been working on StayBillety, while completing her Masters in Accounting, since late 2015. Ken has been a strong supporter of StayBillety since last August.
I attended the HITech (Hospitality tech) conference last week with the objective of being a sponge and uncovering leads for a CTO. One strong candidate was glaringly apparent. I will be following up with her and several other leads in the next week.
User Registrations - Month over month % increase in registered Users (last 3 months only):
Apr - May >> 8%
May - June >> 5%
June - July >> 8%
Average Month over Month increase this fiscal (from Mar. 1): 6.1%
Active Listings - (Hosts may deactivate if they aren't currently offering their space)
Apr - May >> 15%
May - June >> 0%
June - July >> 7%
Average Month over Month increase this fiscal (from Mar. 1): 6%
I continue efforts to finalize our Seed round with a Syracuse, NY-based investor. The primary 'use of funds' will be on marketing and development to support the U.S. ramp up.
I met with Golden Seeds in NYC again in June, and had a subsequent meeting with their former Managing Director. She is providing both affiliate leads and feedback on our business/deck. Next we'll prepare for a Golden Seeds program application; we're targeting September 5th as our submission date.
We're still waiting for a decision from the LA Dodgers Accelerator... Meanwhile, StayBillety was accepted for Communitech's Fierce Founders Bootcamp (Waterloo, ON) in July/August. [YAY!] We've also received encouraging coaching regarding our application (due Friday) to the Stadia Ventures Accelerator. Applications to TechStars (multiple locations) and Chloe Capital Women Investor Accelerator will follow next week.
WHERE YOU CAN, AS ALWAYS, HELP...
1. Register! Become a Guest if traveling; list your space as a Host
3. Leads/introductions for seed &/or angel investors/financing/funding sources are always welcome.
4. Spread the word to your friends, family, colleagues… encourage them to be HOSTS (check out our current 'requests'). We'll here to help set them up on the site, should they have any concerns.
Please let me know if you have any questions or if any of this message requires additional clarification.
Thanks for your continued support.
Shared Interests. Shared Roof.
Launched in March 2016 and based in Cambridge, Ontario (Waterloo Region), StayBillety is an international affordable, online accommodation service connecting like-minded guests and hosts. Celebrating community with its unique affinity-based affiliate model, StayBillety is also a social enterprise whose business supports charitable organizations. With StayBillety, guests traveling for concerts, commencements or competitions connect with enterprising hosts who share their common interests. Click here for press kit and media page. Visit StayBillety’s Facebook and follow @StayBillety #ComeOnIn